Joe Gerber Acquires Condo On Landings Ln In Des Plaines, IL For $160,000
9332 Landings Ln #603, Des Plaines, IL 60016, USA
$160,000
$145/SF
Building Size
1,100 SF
Asset Type
Condo
Closing
Sep 12, 2022
About this deal
AI
A condominium located at 9332 Landings Ln in Des Plaines, IL recently sold for $160,000. The property spans 1,100 square feet, with a price per square foot of $145.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $160,000
- Address: 9332 Landings Ln, Des Plaines, IL
- Square Footage: 1,100
- Price Per Square Foot: $145
The deal was facilitated by Joe Gerber from Gerber Group at Engel & Völkers Chicago North Shore.
The condo sale at 9332 Landings Ln #603, Des Plaines, IL 60016, USA in Des Plaines sold for $160K in 2022. The building is 1,100 square feet, implying about 145 per square foot on the published price. This page is the Des Plaines file for the 9332 Landings Ln #603, Des Plaines, IL 60016, USA condo sold: pricing, party profiles, and other closed condo comps from the same Des Plaines sit in the Market section below. Filter that Des Plaines condo set by closing date to see what else sold near 9332 Landings Ln #603, Des Plaines, IL 60016, USA around 2022. Published consideration for 9332 Landings Ln #603, Des Plaines, IL 60016, USA is $160K, dated 2022. Cite this Joe Gerber Acquires Condo On Landings Ln In Des Plaines, IL For $160,000 sale when underwriting similar condo product around Des Plaines.
Players
Des Plaines Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $145 per square foot on a published $160K for 1,100 square feet (2022).
Browse Des Plaines condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
99.14%
Cash-on-Cash
-28.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93